Several ships were hit by suspected Iranian missiles and drones in the Strait of Hormuz on Monday and a UAE oil complex was set on fire. This follows the launch of Project Freedom by US military to end the blockade of the shipping route.
Saudi Arabia’s Ministry of Energy announced the launch of the prequalification process for tenders related to the development, ownership, and operation of tanker-based compressed natural gas (CNG) distribution projects in the Riyadh and Eastern regions.
A liquefied natural gas (LNG) tanker managed by UAE's ADNOC has crossed the Strait of Hormuz and appears to be near India, Reuters said quoting ship-tracking data.